guys please dont trust this CIMB...they already lost 80% of their net profit. They will do anything to make money with such structured warrant. Each time when the market goes down badly, they just need to issue more to prevent this stock form going up. Trust me just cut lost and get the hell out of here.
i was told icon8888 bought millions of HG at 18c. to hedge, bcos he believe index will drop to 1300 and he will make millions from buying HG index put warrant.
index dropped by as much as 10 basis points yet the price is up by a miniscule of 0.5 sen only and the best part is ppl is queuing to sell NOT buy good luck to all
hk or hg both grossly and unfairly manipulated as it does not reflect the fair market price, way way below...no principle, no integrity on the part of the issuing house
seems calculation of value based on Exercise level of index on maturity, less aactual index, divided by the exercise ratio. So if exercise level is 1680 on maturity, but actual KLCI index is 1600, thus it is 80 divide by exercise ratio of 200, which means the value of the put warrant is 20 cents ? Correct me, just starting to evaluate put warrant. Do correct is wrong.
investor77, exercise ratio is 667... if actual index at expired date is 1600, then actual value=(1800-1600)/667=0.299. Usually before maturity, the price will be overpriced, but this put warrant is undervalued(around the actual value)
quoted from (http://moonitez89.blogspot.sg/) 拿HO为例。。 HO Exercise Price = 1808 Conversion Ratio = 800 今天闭市价 = 0.24 KLCI闭市 = 1636 HO 应有价格 = (1808 - 1636) / 800 = 0.215 也就是说如果KLCI在到期的时候维持不变 = 1636 银行会给回你0.215 但是你买入价是0.24 所以你还是亏0.025(0.24-0.215)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
skytan
23 posts
Posted by skytan > 2015-03-01 08:54 | Report Abuse
Will rebound Monday ?